4069 Milan RdFlorenceSC29506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Florence at 4069 Milan Rd, Florence, SC, 29506 at $259,500 posts ROI 29.73% with $704/mo cash flow from $2,249/mo rent. Total monthly income equals $2,249/mo, and annual cash flow records $8,452/yr on $86,024 to close. Return on cash invested measures 29.73% and rental yield reads 10.4% at the current $259,500. Equity gained on principal adds $1,675/yr, and 5% annual appreciation supports $71,695 by year five. Five-year ROI prints 155.26% and total cumulative return in cash totals $133,565.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,249/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29506, Florence, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,849 (100%) |
| Owner Occupied HU | 4,618 (52.2%) |
| Renter Occupied HU | 3,004 (33.9%) |
| Vacant Housing Units | 1,227 (13.9%) |
| Median Home Value | $141,365 |
| Average Home Value | $217,423 |
Housing Distribution
Address Breakdown
Residential
8,295
Single Family
7,589
Multi-Family
706
Businesses
597
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Nearby investment properties with comparable prices
Listed by: Shakira Dowell-Somerville • Fathom Realty SC LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #599164
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC